SWIFT/BIC code PRNEESM1XXX
PRNEESM1XXX belongs to Banco de Promocion de Negocios SA in Madrid, Spain.
Code details
| SWIFT/BIC code | PRNEESM1XXX |
|---|---|
| 8-character code | PRNEESM1 |
| Branch code | XXX |
| Bank | Banco de Promocion de Negocios SA |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Banco de Promocion de Negocios SA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PRNE Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution uses BIC PRNEESM1XXX?
The code PRNEESM1XXX belongs to the head office of Banco de Promocion de Negocios SA in Madrid, Spain. Use it when you send money to an account at Banco de Promocion de Negocios SA.
Does Banco de Promocion de Negocios SA use only one SWIFT/BIC code?
Yes, PRNEESM1XXX is the only SWIFT/BIC code listed for Banco de Promocion de Negocios SA in Spain, so there is no branch code to choose.
What happens if I use PRNEESM1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PRNEESM1XXX against the details from Banco de Promocion de Negocios SA before sending.
How long does it take to send money to Banco de Promocion de Negocios SA?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
What is the cheapest way to send money to Banco de Promocion de Negocios SA in Spain?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
Do I need PRNEESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need PRNEESM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.